Permanent Productivity Shocks, Migration and the Labour Wedge: Business Cycles in South Africa
Permanent Productivity Shocks, Migration and the Labour Wedge: Business Cycles in South Africa
复制标题
永久性的生产力冲击、移民和劳动力楔子：南非的商业周期
DOI：
10.1080/17520843.2018.1451352
复制
发表时间：
2018
期刊：
影响因子：
--
通讯作者：
Tomoya
中科院分区：
文献类型：
--
作者：
Suzuki;Tomoya
本研究的发现如下。首先，永久性的生产率冲击在南非的商业周期中占据主导地位。其次，移民外流对永久性生产率冲击具有负面影响。第三，代表劳动力市场低效的劳动力楔子在南非意义重大。第四，劳动力楔入对移民外流有正向影响。这些发现与以下假设相一致，即南非劳动力市场的低效率将工人赶出该国，并永久影响该国的劳动效率，从而推动南非的商业周期。
The findings of this study are as follows. First, permanent productivity shocks play a dominant role in South African business cycles. Second, the migration outflow has a negative effect on permanent productivity shocks. Third, a labour wedge that represents labour market inefficiency is significant in South Africa. Fourth, the labour wedge has a positive effect on the migration outflow. These findings are consistent with the hypothesis that labour market inefficiency in South Africa pushes workers out of the country and permanently influences the country’s labour effectiveness, thereby driving South African business cycles.